Forex Game Glossary eng
DAX (Deutsche Akzien Index)
The benchmark index for the german equity market. it tracks the performance of 30 selected german blue chip stocks traded on the frankfurt stock exchange. there is also the dax 100 index, which includes reinvested dividends to show the overall return available to investors. the index was introduced in 1987. it is calculated using the xetra technology.
Day trading
Trading on a financial market during one session within a day. this means that positions opened this day are kept overnight to the next day and the next trading session.
Deflator
Is a statistical tool used to convert a national currency into inflation-adjusted national currency.
Demo account (Demonstration account)
Is a virtual trading account rendered by a broker to review and test the trading systems features on financial markets without the risk of losing real funds. as a rule, the demo account interface is similar to that of a live account.
Derivatives
Financial instruments with a price that is derived from one or more underlying assets (bonds, shares, futures contracts). derivatives are often used for hedging and also for speculative purposes. leverage is applied in buying these financial instruments, thus allowing traders to buy derivatives at a price much higher than they can afford.
Dinghong Fund
Is china’s first privately offered wine equity fund. the fund was founded by ling zhijun, a banking professional and wine enthusiast who manages pacific asset management of beijing, and french winemaker jean-pierre moueix’s china representative zhang yanzhi.
Direct quote
A foreign exchange rate quoted as the domestic currency per unit of the foreign currency.
Discount rate
An interest rate charged to financial institutions for loans received from a country’s central bank.
Divergence
Is the difference between two correlative instruments. for instance, intermarket divergence happens when one of the markets reaches cyclical/session/history price extremes (highs or lows) when the correlated market does not do so. divergence quite often signifies a price reversal; (it) is used by traders as a trading signal
Diversification
Is the distribution of invested or loanable money assets among different investments with the purpose of smoothing out potential losses.
DJIA
Is dow jones industrial average index, the oldest stock index in the usa which is a simple arithmetic average of price growth of 30 top industrial u.s. companies’ shares.
Double bottom
Is a classic pattern of technical analysis where the price reaches two consecutive lows placed at the same level; it signifies a reversal
Double top
Is a classic pattern of technical analysis used to depict two consecutive price rises placed at the same level; it signifies a reversal